|
|
Cooper Standard Wins Mopar Best in Class Award for NVH Control Systems Division
Novi Michigan, May 31, 2005 - Cooper Standard Automotive's Global NVH Control Systems Division received a Mopar Best in Class award for the company's powertrain/reman product portfolio. The award was presented by DaimlerChrysler during a recent Mopar Delivery Symposium held in their headquarters in Auburn Hills, Mich.
A Mopar Best in Class plaque, which is awarded on a quarterly basis, was presented to Cooper Standard Automotive's NVH manufacturing facility in Mitchell, Ontario, Canada. Mike Preszcator, launch manager in Mitchell, accepted the award on behalf of Cooper Standard.
Mopar uses several criteria to evaluate suppliers for its Best in Class award, all focused on measuring delivery performance.
"We are pleased to receive this award from DaimlerChrysler," said Paul Gilbert, president, Global NVH Control Systems. "It is always an honor to be recognized by our customers for our outstanding service efforts."
About Cooper-Standard Automotive
Cooper-Standard Automotive Inc., headquartered in Novi, Mich., is a leading global automotive supplier specializing in the manufacture and marketing of systems and components for the automotive industry. Products include body sealing systems, fluid handling systems, and NVH control systems. Cooper-Standard Automotive Inc. employs approximately 19,000 people globally with more than 70 facilities throughout the world. For more information, visit the company's Web site at: www.cooperstandard.com.
Cooper-Standard is a privately-held portfolio company of The Cypress Group and Goldman Sachs Capital Partners Funds.
The Cypress Group is a private equity investment firm managing more than $3.5 billion of capital. Cypress has an extensive track record of making growth-oriented investments in targeted industry sectors and building equity value alongside proven management teams.
Founded in 1869, Goldman Sachs is one of the oldest and largest investment banking firms. Goldman Sachs is also a global leader in private corporate equity and mezzanine investing. Established in 1991, the GS Capital Partners Funds are part of the firm's Principal Investment Area in the Merchant Banking Division. Since 1986, Goldman Sachs' Principal Investment Area has formed 13 investment vehicles aggregating $56 billion of capital to date.
|